The demand for coconuts and copra in China showed a steady increase from 2014 to 2023, attaining 861 thousand metric tons in 2023. The year-on-year variation in 2023 was 1.18%, with a CAGR of 0.59% over the last five years. Noteworthy trends include a significant rise from 2017 to 2018 by 9.14%, although some fluctuations occurred, such as the decline in 2020 by 3.84%. From 2024 onwards, the forecast predicts a continuation of the upward trend, with a 5-year CAGR of 0.88% and overall growth of 4.5% by 2028.
Future trends to watch for include potential impacts of global supply chain dynamics on China's coconut and copra imports, as well as changing consumer preferences towards organic and sustainable products, which may drive further demand.
